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0 sats \ 2 replies \ @kepford OP 5 Dec 2023 \ parent \ on: Will Bitcoin Solve the Housing Crisis? bitcoin
Many believe cheaper housing is on the way regardless of bitcoin actually. At least in the short term. The issue is that if you can't afford a large down payment you won't be able to get in on it. I suspect many investment and rental prop businesses will be scooping up houses.
I think the amount of scooping they're doing is relative to interest rates. I only say that based on word of mouth of pleb home buyers. When they had free money every perspective home buyer you spoke to had put 4-5 offers on different houses with no luck. You aren't hearing that from the plebs currently. Housing market really is a wild beast and it's fun to discuss and speculate.
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Its also very different depending on location. It always is but it really has been since 2020. If you live in Texas, Tennessee, Florida, or Oklahoma the story is much different from states like California or New York. And within states like California certain counties are seeing increases while others are losing residents.
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